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What is the difference between elasticity and inelasticity of demand?
Inelasticity is a good that you will buy nomatter the price change. Elasticity is when the price of a product increases demand for the product will decrease.
What factor has the greatest influence on elasticity and inelasticity of supply?
time
Due to this inelasticity of supply land prices are increasing rapidly and this can lead to higher house price.discuss the validity if this statement.?
yes it is the size of your house yes it is the size of your house
Why the price elasticity of necessary goods always inelastic?
the price elasticity of necessary good is always inelastic because these goods are vital for human existence and people will have to acquire them no matter their prices in order to ensure survival, hence their inelasticity.
Are taxes that distorts relative prices neutral?
Taxes which distort relative prices are not neutral.
What is the difference between elasticity and inelasticity of demand?
Inelasticity is a good that you will buy nomatter the price change. Elasticity is when the price of a product increases demand for the product will decrease.
What factor has the greatest influence on elasticity and inelasticity of supply?
time
What factor has the grestest influence on elasticity and inelasticity of supply?
price of the commodity
Due to this inelasticity of supply land prices are increasing rapidly and this can lead to higher house price.discuss the validity if this statement.?
yes it is the size of your house yes it is the size of your house
When copying or moving formulas in an Excel worksheet the default type of cell reference is called?
A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.
A cell reference of B17 is?
It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.It is a relative cell reference.
Why the price elasticity of necessary goods always inelastic?
the price elasticity of necessary good is always inelastic because these goods are vital for human existence and people will have to acquire them no matter their prices in order to ensure survival, hence their inelasticity.
What are the charges and relative masses of the main subatomic particles?
electron = relative charge = 1- relative mass = 1/1840 proton = relative charge = 1+ relative mass = 1 neutron = relative charge = 0 relative mass = 1
What is the noun for relative?
The word 'relative' is both a noun (relative, relatives) and an adjective (relative, more relative, most relative).The noun 'relative' is a singular, common, concrete noun; a word for someone related by blood or marriage; in grammar, a relative pronoun, determiner, or adverb; a word for a person or a thing.The noun form of the adjective 'relative' is relativeness.
What is relative health?
Health can be a relative concept. It can be relative to other people or groups, it can be relative to different time frames (yesterday, today, tomorrow) and relative to different communities.
What is shoestring relative?
distant relative
Which is the comparison of the amount of moisture in the air to the amount of moisture it can hold?
relative humidity
